Important Modern & Vintage Timepieces

New York, Dec 08, 2010

LOT 199

Rolex Ref. 5517 - 'The Mondani Military submariner' Rolex, "Oyster Perpetual, Submariner, 660 ft = 200 m,? case No. 5339807, Ref. 5517/5513. Made in 1977 for the British Military. Very fine and rare, center seconds, self-winding, water-resistant, stainless steel military diver's wristwatch with fixed bar lugs.

USD 30,000 - 60,000

CHF 30,000 - 60,000 / EUR 22,000 - 45,000

Sold: USD 52,500

C. Three-body, polished and brushed, screwed-down case back and crown, Military Markings on the Back: 0552/923-7697, issue No. 876/78, graduated bi-directional revolving black bezel for the decompression times, Triplock winding-crown protected by the crown guard, fixed bars, inside case back engraved with No. 53398. D. Black with painted luminous round, triangular and baton indexes. Luminous steel skeleton hands. M. Cal. 1520, rhodium-plated, 26 jewels, straight line lever escapement, monometallic balance, shock-absorber, self-compensating flat balance spring, hack mechanism. Dial, case and movement signed. Diam. 40 mm. Thickness 13 mm.


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Grading System
Grade: AAA

Excellent
Case: 3

Good
Movement: 2*

Very good

Overhaul recommended, at buyer's expense
Dial: 3-01

Good

HANDS Original

Notes

The present watch is featured in the Mondani book 'Rolex, Collecting Modern and Vintage Wristwatches,' by O. Patrizzi, 2006 Edition, in vol I page 356 and in vol II page 229; and in the book 'Rolex, Collecting Wristwatches,' Guido Mondani Editore, Genova 2001 on pages 298 and 299. This watch was previously sold as Lot 31 on May 14, 2006, in Antiquorum's 'The Mondani Collection of Rolex Wristwatches' auction.